Lot 5 - Orchard Street, 7 x Garages, Brynmawr, NP23 4ER

  • Unconditional Online Auction Sale
  • Guide Price* : £21,000+
  • Bedrooms: 0

Lot 5 - Coach house with garage  plus 6 garages/land for owner occupier & investment

Description

ONLINE AUCTION from 15th APRIL - 17th APRIL 2025

Situated at the end of the street around a gated, courtyard is a double storey coach house with garage and inspection pit, workshop and storage area to the ground floor with room over, currently used as storage area.

In addition, within the courtyard there is a small parcel of land currently used for storage and 6 garages all currently let.

Four of the garages are let at £20.00 PCM one is let at £24.00 PCM and one (the largest) is fitted with electricity and is let at £40.00 PCM. The coach house/garage is vacant.

Brynmawr is a market town in Blaenau Gwent, Wales. The town, sometimes cited as the highest town in Wales, is situated at 1,250 to 1,500 feet (380 to 460 m) above sea level at the head of the South Wales Valleys. There is a retail park and high street for shopping. Transport links via the A467.

Tenancies

Coach house/garage to be sold with vacant possession. 6 x garages are currently let at a total of £144 pcm (£1,728 p/a).

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Bidding Opens On
15th Apr 2025 12:00
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If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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